41 Harold StBoston, MA 02119

Property Details for 41 Harold St

Year built

1910

Property size (Sq ft)

6,105 SF

Property type

Apartment buildings

Description

This exceptional three-unit apartment building, located at 41 Harold St in Boston, MA, presents a compelling value-add investment opportunity. Built in 1910 and renovated in 2008, the property boasts a total of 6,105 square feet situated on a 2,524 square foot lot. The building features three spacious units, each approximately 1,750 square feet. Two units offer four bedrooms and one bathroom, while the third unit includes four bedrooms and two bathrooms. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $90,904, resulting in a 6.59% cap rate. The asking price is $1,290,000, translating to $430,000 per unit. This Class C multifamily property, a three-story structure, offers significant potential for rental income or multigenerational living. Its prime Boston location in Suffolk County, zip code 02119, ensures strong rental demand and long-term appreciation potential. The property's size and layout provide ample living space, making it an attractive option for both investors seeking a strong return and owner-occupants looking for a multi-family residence. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable Boston neighborhood.

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.3193

Longitude

-71.089

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